$7,995,000
Available - For Sale
Listing ID: E12199797
183 Queen Stre , Scugog, L9L 1B8, Durham
| FAVOURABLE VENDOR FINANCING FROM 0.99% INTEREST IF SOLD BEFORE JUNE 30 (First mortgage only.) A trophy investment property and downtown Port Perry's most recognized building landmark and retail anchor: Featuring six commercial tenants and 11 apartment suites, this fully-occupied mixed-use investment offers stable income from quality, thriving commercial tenants and significant revenue upside through market turnover of residential units. Formerly known as Settlement House, this landmark building in Port Perry's historic downtown is one of the most historic sites in Port Perrys downtown heritage conservation district, yet now only 15-20 from expanded 407/412 and 45 minutes from DVP/401. Extreme visibility directly across from the Port Perry Post Office and nestled between three major banks, a pharmacy, and public library, this investment represents a remarkable opportunity to acquire a true historic treasure with positive cash flow and upside potential. |
| Price | $7,995,000 |
| Taxes: | $75233.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 183 Queen Stre , Scugog, L9L 1B8, Durham |
| Postal Code: | L9L 1B8 |
| Province/State: | Durham |
| Legal Description: | LTS 5 & 32 PL H50020; PT LTS 6 & 31 PL H |
| Directions/Cross Streets: | Queen & Water |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 23262.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 5859 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Approximatly Age: | 100+ |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK EASTERN REALTY |
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Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Scugog |
| Neighbourhood: | Port Perry |
| Approximate Age: | 100+ |
| Tax: | $75,233 |
| Fireplace: | N |
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